Gallery: Renderings of the Shoppes at Lincoln Pointe

The project will cost between $100 million and $130 million. Construction is expected to begin next summer.

The proposed project at the corner of Lincoln and Touhy avenues would include a 210-room hotel, 110 residential units, 114,000 square feet of retail space and about 29,000 square feet of office space.

A development group led by Skokie-based North Capital Group bought the site out of bankruptcy and began demolishing the Purple Hotel last month. Chicago-based architecture firm Antunovich Associates designed the mixed-use project to replace the notorious hotel.